POSITION ANNOUNCEMENT: Lending Director
LOCATION: Charleston, SC
ABOUT SC Community Loan Fund
SC Community Loan Fund (CLF) is a U.S. Treasury and South Carolina certified Community Development Financial Institution (CDFI) based in Charleston, SC that provides lending, technical assistance, and advocacy for housing and community development projects throughout South Carolina. CLF’s mission is to build vibrant, sustainable communities by financing the production of affordable housing, healthy food retail, community facilities, and community businesses and to act as a catalyst to meet the fundamental needs of underserved neighborhoods. Since its inception in 2004, the SC Community Loan Fund has provided $18.7M in financing to developers that has facilitated the development of more than $154M in community development projects; funding has created or retained 3,376 jobs, one healthy food retail outlet, 1,043 housing units, and provided a safe, decent and affordable place to call home for 2,608 individuals and families. For more information, seewww.sccommunityloanfund.org.
Manages and directs the lending department; responsible for all loan productions; manages the loan portfolio; develops lending policies; conducts loan closings. Responsible for representing the organization in its lending and helps to set strategic direction in specific lending markets. Works on the organization’s more complex deals and is involved in one or more of the following activities: marketing, origination, structuring and/or maintenance of loans and client relationships. Manages a portfolio of key borrower relationships and is involved in the closing or servicing of loans. Tracks the loan application process and maintains organized files of information received from potential borrowers; prepares credit memoranda and supporting materials for loan committee.
• LENDING MANAGEMENT: Manage the loan department. Support the staff through all stages of the lending process from originating deals to assisting with application over-site. Review and consult with the Assistant Director on loan requests.
• PORTFOLIO MANAGEMENT: With the assistance of the Program Director and the Finance Director, maintain the quality of the loan portfolio, and ensure consistency of underwriting standards. After loans are approved, prepare and review closing documents, lead closings, continue to monitor borrowers financial and organizational health through periodic reporting, data management and client contact, monitor collateral, recommend action and restructure loans when necessary.
• BUSINESS DEVELOPMENT: Cultivate relationships with financial intermediaries, municipalities, chambers of commerce, economic development/technical assistance providers, and any entities providing services to possible clients of CLF. Work with the Communications Director to promote increased visibility throughout the State. Represent CLF in public forums, facilitate community outreach efforts, and build referral networks.
• TECHNICAL ASSISTANCE: Work with clients to evaluate their overall financial health, determine financing needs, verify credit-readiness, and assess project feasibility. Work with the Program Director to present workshops on project planning, business plans and financing, and other related topics beneficial to CLF’s clients.
• DATA MANAGEMENT: Responsible for management of historical lending, beneficiary, and demand data for financial and social impact tracking and reporting.
• WORK STANDARDS: Sets and maintains high performance standards. Pays close attention to detail, accuracy and completeness. Shows concern for all aspects of the job. Follows up on work outputs. Includes general attendance as well as perseverance on difficult or unfavored assignments.
• TEAMWORK: Interacts with people effectively. Able and willing to share and receive information. Co-operates within the group and across groups. Supports group decisions. Puts group goals ahead of own goals. Able to effectively deal with change and diverse people. Able to effectively manage interpersonal relationships in a cooperative, sensitive and collaborative manner. Listens and understands various points of views. Expresses sensitivity and empathy when appropriate.
• COMMUNICATION: Expresses ideas effectively, written and orally. Organizes and delivers information appropriately. Listens actively. Proactive communicator.
• PLANNING AND ORGANIZING: Plans and organizes tasks and work responsibilities to achieve objectives. Able to design practices, processes, and procedures to get things done. Creates systems that make management easier. Sets priorities. Schedules activities. Allocates and uses resources properly.
• INITIATVE: Takes action to influence events. Generates ideas for improvement, takes advantage of opportunities, suggests innovations, does more than required. Identifies opportunities and issues, proactively acts and follows through on work activities to resolve or capitalize on them.
• MOTIVATION: Displays energy and enthusiasm in approaching the job. Commits to putting in additional effort. Maintains high level of productivity. Self-directed.
• RELIABILITY: Takes personal responsibility for job performance. Completes work in a timely and consistent manner. Sticks to commitments. Able to be relied upon to perform a task in the way required and to complete the assigned job duties and responsibilities.
• ADAPTABILITY: Adapts to changing work environments, work priorities and organizational needs. Able to effectively deal with change and diverse people.
• INTEGRITY: Shares complete and accurate information. Maintains confidentiality. Adheres to organizational policies and procedures. Demonstrates professionalism, integrity, ethical behavior and commitment to the values of the organization.
• STRESS TOLERANCE: Displays emotional resilience and the ability to withstand pressure on an on-going basis. Deals with difficult situations while maintaining performance. Seeks support from others when necessary. Uses appropriate coping techniques. Able to calmly handle the unexpected.
• Strong management and supervisory skills and experience
• Strong conflict resolution and decision making skills
• Demonstrates leadership ability in strategizing and coalition building
• Demonstrates effectiveness and experience in loan development
• Excellent written and oral communication skills
• Experience developing and maintaining sound financial practices
· 7-10 years of progressively more responsible positions in lending or finance, previous experience with housing and community development finance preferred; affordable housing finance experience desired
· Master’s Degree in Public Administration, Management, Finance, or Business Administration
TO APPLY, PLEASE SUBMIT THE FOLLOWING TO Patrick King, Assistant Director, at firstname.lastname@example.org.
· Cover Letter
· Salary Requirements
Position announcement closes on Monday, November 18, 2013.